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If these tariffs and this "Trade War" is so disastrous, how come the markets aren't reflecting this yet?
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"Stocks Slammed on Latest Trump Tariff Fears"
https://www.thestreet.com/markets/st...trump-14632040
Trump's trade policies are based on the assumption that tariffs will increase consumer prices and thus make domestic products more competitive with imports. If the tariffs do what Trumps wants, consumer prices will rise. If prices don't increase, then Trump's tariffs are a failure and consumers will continue to buy imported goods.
We have seen some indication that prices are increasing, but from what Trump is saying, there are still a lot more tariffs to come. There is certainly no evidence that the tariffs already in place are of benefit to the majority of companies or consumers.
I don't follow the market, but it appears that they are mostly waiting to see which direction things go. Stocks of companies that will be helped by tariffs have gone up, like steel companies.
